Lahore, Karachi chambers join hands for trade promotion
LAHORE: Lahore Chamber of Commerce and Industry (LCCI) and Karachi Chamber of Commerce & Industry (KCCI) have decided to make joint efforts to promote...
Military leadership vows to defeat terrorists and abettors
The Pakistan Army leadership, in a meeting at the General Headquarters in Rawalpindi on Tuesday, vowed that terrorists and their abettors would be "defeated...
Bitcoin emergence as ‘digital gold’ could lift price to $146,000, says JPM
LONDON: Digital currency bitcoin has emerged as a rival to gold and could trade as high as $146,000 if it becomes established as a...
Stocks close flat after volatile session
KARACHI: Putting an end to its winning streak, the Pakistan Stock Exchange (PSX) closed a volatile session on Tuesday flat, with the indices changing...
Govt to raise Rs3.6tr through bonds
The government will raise Rs3,620 billion through the auction of bonds from January to March 2021, the State Bank of Pakistan (SBP) stated.
According to...
Oil prices up $1 on OPEC output cut talks, Iran tension
LONDON: Oil prices rose by around $1 on Tuesday as tension simmered following Iran’s seizure of a South Korean vessel and as the OPEC+...
USC posts Rs100bn turnover for 2020
ISLAMABAD: The annual turnover of Utility Stores Corporation of Pakistan (USC) was recorded around Rs100 billion in the calendar year 2020 as compared to...
US Congress introduces bill to terminate Pakistan as major non-NATO ally
A bill introduced in the United States Congress aims to terminate the designation of Pakistan as a major non-NATO ally.
The bill was introduced by...
UK PM Johnson cancels India visit, citing need to oversee virus response
LONDON: British Prime Minister Boris Johnson on Tuesday cancelled a planned trip to India later this month, citing the need to oversee the pandemic...
In sudden u-turn, NYSE scraps plan to delist three Chinese telecom firms
HONG KONG/SINGAPORE: The New York Stock Exchange said it no longer intends to delist three Chinese telecom giants - a shock reversal of an...
Man accused of shooting neighbour’s dog secures bail
LAHORE: A district and sessions court in Lahore on Tuesday granted interim bail to a suspect in a case pertaining to shooting dead his...
SC orders EPTB to begin reconstruction of Hindu shrine in Karak
The Supreme Court (SC) on Tuesday ordered the Evacuee Property Trust Board (EPTB) to begin the reconstruction of the Hindu shrine which was attacked...
How shoe tycoon Steve Madden got back on his feet
NEW YORK: Steve Madden, founder and design chief of a multibillion-dollar eponymous shoe brand, knows something about being sanguine in a tough situation.
In 2002,...
Alibaba to shut down Xiami music app
BEIJING/SHANGHAI: Alibaba Group will close its music streaming platform Xiami Music next month, in a move that marks a step back from its ambitions...
Families of Mach carnage victims continue sit-in for third day
QUETTA: The families of victims of the attack on coal miners in Balochistan's Mach town continued their sit-in on Quetta’s Western Bypass on the...